Colorado Springs, CO - (NewMediaWire) - February 26, 2019 - Gold Resource Corporation (NYSE American: GORO) (the “Company”) updated its annual reserve estimates as of December 31, 2018, increasing its proven and probable reserve tonnes at both its Oaxaca Mining Unit and Nevada Mining Unit by a combined total of 18% gold ounces and 14% silver ounces. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, U.S.A. The Company has returned $111 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.As of December 31, 2018, proven and probable reserves at the Oaxaca Mining Unit totaled 3,077,200 tonnes grading 1.82 grams per tonne (g/t) gold and 127 g/t silver, equating to 180,300 gold ounces and 12,591,300 silver ounces. Proven and probable reserve tonnes included in the December 31, 2018 reserve report increased year-over-year by 23%, gold ounces increased by 26.6% and silver ounces increased by 15.2%. The reserve report also includes significant base metals from the Arista Mine consisting of 11,796 tonnes (26.0 million pounds) of copper grading 0.4%, 44,234 tonnes (97.5 million pounds) of lead grading 1.5% and 132,701 tonnes (292.6 million pounds) of zinc grading 4.5%. Proven and probable tonnes of copper increased year-over-year by 62%, lead tonnes increased by 31%, while zinc tonnes increased by 19%.As of December 31, 2018, proven and probable reserves at the Nevada Mining Unit’s Isabella Pearl Mine totaled 2,934,400 tonnes grading 2.28 g/t gold. Proven and probable reserve tonnes included in the December 31, 2018 reserve report increased year-over-year by 8.9%, gold ounces increased by 11.5% and the gold grade increased 2.7%.Mine life at the Company’s Oaxaca Mining Unit is estimated at four and one-half years, holding the four and one-half year mine life estimate of 2018, but based on the new maximum estimated mill throughput capacity of 2,000 tonnes of ore per day. Proven and probable gold reserves at the Company’s Nevada Mining Unit’s Isabella Pearl Project grew by 22,200 gold ounces year-over-year. This addition extends the 2018 four-year mine life estimate into the start of a fifth production year at the project. The Company’s management is optimistic it can continue to expand the deposit further and/or discover additional neighboring deposits along trend for additional mine life.“We are very pleased to release this December 31, 2018 reserve report showing significant increases to reserve tonnes and gold ounces at both the Oaxaca and Nevada Mining Units,” stated Mr. Barry Devlin, Vice President of Exploration for Gold Resource Corporation. “Both the Arista and Mirador mines in Oaxaca delivered significant increases in tonnes, precious metal ounces and base metal tonnes. We were also pleased to see that modest drilling beyond the edge of the modeled Isabella Pearl pit defined additional tonnes and gold ounces to this project currently in construction. Exploration goals for 2019 include continued step-out and infill drilling at the Arista Mine’s Arista and Switchback vein systems, step-out and infill drilling at Mirador’s Independencia vein, continued step-out drilling at Nevada’s Isabella Pearl modeled pit, and a first drill program at the Scarlet target, located approximately 200 meters to the north west of the Isabella Pearl pit.”“Our exploration team had a great year delivering significant increases to reserve tonnes and gold and silver ounces at both the Oaxaca and Nevada Mining Units,” stated Mr. Jason Reid, President and CEO of Gold Resource Corporation. “With global gold ounce increases of 18%, including 26.6% and 11.5% at our Oaxaca and Nevada mining units respectively, coupled with substantial silver ounce and base metal tonne additions, underscore this reserve as being one of the best reserves in the Company’s history. The report also marks the sixth ...
(NewMediaWire) - February 26, 2019 - DALLAS and South San Francisco, CA - The American Heart Association, the leading global public health organization devoted to a world of longer healthier lives, and Verily, Alphabet’s life sciences and healthcare arm, are joining forces on Research Goes Red, a new initiative to engage women in scientific research that may one day lead to the treatment and cure of the world’s number one killer. Leveraging the American Heart Association's leading Go Red for Women® movement to end heart disease and stroke in women, Research Goes Red invites women across the United States to join the fight by taking part in a major heart health research collaboration through Verily’s Project Baseline. Historically, clinical studies have not adequately enrolled women or analyzed women-specific heart health data, even though cardiovascular disease remains a woman’s greatest health threat, claiming the lives of one in three women[1] every year. Beginning in February, American Heart Month, women can join the initiative through Project Baseline, a digital platform and community designed to make it easy and engaging to participate in clinical research and drive healthcare innovation. They may have opportunities to take part in surveys and focus groups, contribute data for clinical research projects, and test new tools, technologies and treatments in the years to come. The initiative aims to raise awareness about heart disease among women and how participation in research could further scientific understanding of heart health. “Research Goes Red empowers our growing and passionate community of committed and engaged women to share their health information to greatly enhance what we know about women’s heart disease and potentially help prevent it,“ said Nancy Brown, chief executive officer, American Heart Association. “Our collaboration with Verily through Project Baseline will accelerate world-class clinical research powered by the momentum of the Go Red for Women movement.” Nearly 80 percent of cardiac events can be prevented,[2] yet more than 17.3 million people die from cardiovascular disease globally each year. Go Red for Women and Project Baseline want to change these statistics by increasing the number of female participants in clinical studies. “Through clinical research we have an opportunity to uncover new insights about health, and by making it easy for individuals to participate, we can develop a comprehensive map that could inform treatment or care decisions,” said Jessica Mega, chief medical and scientific officer, Verily. “Collaborating with the American Heart Association through Project Baseline will help inform more women about the value of participating in research, how to contribute, and a new way to ‘Go Red’.” The American Heart Association’s Go Red for Women movement has been a trusted, passionate, relevant force for change to end heart disease and stroke in women all over the world for the last 15 years. Go Red for Women provides a platform for women to come together, raise awareness, fund lifesaving research, advocate for change and improve the lives of all women everywhere. The American Heart Association has been associated with Project Baseline since the latter’s launch in 2017. Project Baseline began with a landmark study in partnership with Duke University School of Medicine, Stanford Medicine and Google to better understand health, disease and the transition between the two. In expanding its platform to make it easy for everyone to participate in clinical research, Project Baseline is focused on capturing health information through clinical research and people’s day-to-day lives to drive healthcare innovation and improve lives. Research Goes Red marks an important step for Go Red for Women and Project Baseline with a shared mission towards improving lives — starting by involving more women in research to better understand heart health. Learn more at projectbaseline.com/gored. Join American Heart Association CEO Nancy Brown and Jessica Mega, chief medical and scientific officer of ...
TORONTO, ONTARIO - (NewMediaWire) - February 26, 2019 - Agora Holdings Inc. (OTC PINK: AGHI) (the “Company”) today announced that its controlled subsidiary, eSilkroad Network Limited (“ESR”) of Hong Kong, has completed prototype testing and focus groups during January and early February 2019, whereby over 300 corporations were exposed to our landing page prototypes. With testing complete, ESR has retained Sannacode (https://sannacode.com/) to conclude programming of our final platform. Sannacode is a multi-disciplinary company that specializes in web design and development.Sannacode designs, develops, tests and maintains digital products ranging from web, mobile, games and wearable technologies. Headquartered in Kiev, Sannacode works with companies in every continent around the world. Their management team reflects the talent and focus to bring clarity to corporate visions including creating customized solutions for ESR. The Sannacode team offers a combined 30 years of experience in design, development and testing.ESR President Oleg Sytnyk commented, “We are extremely excited to be working with Sannacode to complete the final phase of our platform development. Their firm is uniquely qualified to deliver the high level of functionality and design we wish to present in our final commercial site.”About Agora Holdings Inc.Agora Holdings Inc., together with its subsidiary Geegle Media and affiliates, is presently an entertainment and media enterprise. Agora Holdings Inc. brings together media and technology, driving innovation to enhance online entertainment in five business segments: media networks, TV, studio entertainment, consumer products and interactive media. Agora is seeking to expand its portfolio to include dynamic and interactive web-based networking platforms for global implementation.About Esilkroad Network Limited and subsidiariesEsilkroad Network Limited and its subsidiary, eSilkroad of Ukraine, is a conceptual B2B platform that intends to make the interaction between businesses and non-profit organizations throughout the world faster, more effective, and less costly. eSilknet, the web-based platform under development by eSilkroad Network Limited will allow users to search for and communicate with business partners, search for and post proposals for investment and opportunity in developing projects globally, place advertisements for products and services, communicate securely on trade and project development and attract professional services for specific project-based needs. The concept of eSilknet is in line with the original concept of the “Silkroad”, facilitating trade and commerce between countries, only on a global scale. Subsequent to the successful launch of our banner platform, “eSilknet” the Company plans to launch “eSilkart”, an international online marketplace for the purchase, license, rental and trade of intellectual property, art and cultural objects for all member countries. Our final project expansion will be the launch of complementary platform, “eSilktrade”, a commercial platform allowing all users registered on eSilknet and eSilkart to enter the international marketplace within the “eSilkroad”. The proposed add-on site will facilitate auctions and competitive bid tenders, contracts between clients, and e-payments for goods and services, including customs formalities and freight/transport logistics. http://www.esilknet.com Disclaimer -- Forward-Looking StatementsThis press release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. Forward-looking statements in this release are ...
PHOENIX, AZ, Feb. 25, 2019 (NewMediaWire) -- For The Earth Corporation (the “Company” or “FTEG”) (OTCMKTS: FTEG) issues the following Letter to Shareholders from the CEO:Dear Valued Shareholder,As we continue to manage our transition into the CBD space, we would like to start by thanking our committed shareholders for sticking with us as we navigate the final stages of this process.Our vision matches up with our financial reality and our market opportunity analysis in a very compelling manner, and we couldn’t be more excited as we look ahead at coming quarters. Today, I would like to outline that vision, what we are doing about it, and how we plan to frame that message to the marketplace.The CBD market is expected to grow by enormous multiples over the next three years. According to our analysis, we can maximize our shareholders’ ability to benefit from that growth as it blossoms by establishing ourselves as an integrated vertical CBD organization now.As our recent press releases demonstrate, we have already begun to carve out our retail footprint by establishing a variety of transaction points with the end market consumer, including mall stores, mall kiosks, vending machines, and e-commerce storefronts, with physical locations in both Las Vegas and New York City, where our research suggests there is already a high ratio of knowledgeable consumers interested in CBD products.On the other side of the equation, we also plan to put in place our own production process, which is an essential piece of the puzzle for an integrated go-to-market CBD model. Expect many related details to be released over the coming period.We are also very focused on communicating our story to the market effectively. As such, we would like to announce our new expanded shareholder communications initiative. We believe this move will powerfully benefit both Company shareholders and Company management.As we prepare to significantly ramp up operations, we understand this implies a duty to our shareholders to ensure both transparency and visibility are elevated correspondingly. We have a great story in the making, and so we have a responsibility to communicate that story to our shareholders and the wider investment community.In part, this initiative comes in response to an increase in shareholder and public requests for more details about our operations and objectives following recent Company accomplishments. However, in addition to fulfilling these requests and our duty to support full transparency, this initiative will also consist of a proactive media and messaging outreach that will include a broad array of digital and non-digital communications strategies. To that end, the Company has engaged EHC Branding Agency (ehcbrandingagency.com) as a partner to assist in this process.Finally, we filed Form 1-A with the Securities and Exchange Commission to make a Securities offering under Regulation A earlier this year. As an update, this measure not been approved as of yet, and the Company is currently not doing any offerings of any kind. We will certainly notify shareholders of changes to the status of this filing as soon as we have more information. But, at present, our float remains at 1.021 billion shares, and our focus remains on maximizing shareholder value and not on diluting our shareholders.The bottom line is this: we recognize our responsibility to sufficiently ensure that current and prospective FTEG shareholders have access to any and all information necessary to make informed decisions as we navigate the final steps of what we believe will be a powerful and exciting transition toward greater value for our shareholders, our team, and our customers.Warmest Regards,Nelson Grist, CEOAbout For The Earth CorporationFor The Earth Corporation is an emerging integrated CBD producer and retailer in the United States. The Company is in the process of establishing a vertical framework that will extend from cultivation to extraction and production to a strategic retail footprint that includes multiple locations in Las Vegas and New York featuring mall ...
Colorado Springs, Feb. 25, 2019 (NewMediaWire) -- Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced the timing of its 2018 fourth quarter and year-end earnings conference call scheduled for Wednesday, February 27, 2019. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $111 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery. Conference Call Gold Resource Corporation’s CEO Mr. Jason Reid will host the conference call Wednesday, February 27, 2019 at 11:00 a.m. Eastern Time. Topics of discussion will include year-end results and an update on current operations. The conference call will be recorded and posted to the Company’s website in three to five business days from recording. Q&A Following Mr. Reid’s opening remarks, the Company will answer questions during a live Q&A period. Date: Wednesday, February 27, 2019 Time: 11:00 AM Eastern (9:00 AM Mountain) Attendee Access Information: Title: Gold Resource Corporation Fourth Quarter & Year-End Conference Call Host Name: Jason Reid Company Name: Gold Resource CorporationClick here to Join Call >>Use the Click to Join option above for the easiest way to join the conference call, or view the complete list of access numbers and conference start times.Please connect to the conference call at least 10 minutes prior to the start time using the options listed above. About GRC: Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company targets low capital expenditure projects with potential for generating high returns on capital. The Company has returned $111 million back to its shareholders since commercial production commenced July 1, 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery. For more information, please visit GRC’s website, located at www.goldresourcecorp.com and read the Company’s 10-K for an understanding of the risk factors involved. Cautionary Statements:This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words “plan”, “target”, "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding Gold Resource Corporation’s strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material. All forward-looking statements in this press release are based upon information available to Gold Resource Corporation on the date of this press release, and the company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release. In particular, there can be no assurance that production will continue at any specific rate. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the Company’s 10-K filed with the SEC.Contacts:Corporate DevelopmentGreg Patterson303-320-7708www.goldresourcecorp.com
Danvers, MA, Feb. 25, 2019 (NewMediaWire) -- HealthPoint Plus, Inc. www.healthpointplus.comannounced today that it plans to file an S-1 registration statement upon completion of its final round of funding, and to register those securities for public trading. An S-1 registration requires the Company to include a 2 year PCAOB audit which is in the final stages of completion. The Company has developed an innovative marketing and state-of-the-art telehealth services platform as well as the formation of a propriety subscription based primary care network. HealthPoint Plus CEO, Robert A. Goddard, stated, “We are excited to become a public company. HealthPoint Plus has grown from only a concept a few short years ago to a rapidly expanding healthcare revolution. The benefits of being a publicly traded company extend beyond just shareholder liquidity to giving the company access to larger capital investment to accelerate our growth at an even faster pace.” Goddard went on to say, “As a public company we will also be able to engage in discussions with synergistic businesses that may be attractive acquisition candidates to HealthPoint Plus.”The company has plans to roll out its social fitness app and fitness tracker by the end of the quarter providing further differentiation in the marketplace as well as encouraging member retention and engagement while maintaining the mission of inspiring healthy lifestyles.About HealthPoint Plus, Inc.HealthPoint Plus, Inc. is a leader in next generation healthcare. They provide Telehealth, Hybrid Direct Primary Care, High Deductible Health Plans and Health Savings Accounts along with wellness programs. Each of their products can be delivered independently or be integrated into a complete cost effective solution. The company has a core mission to deliver exceptional care and enhance patients experience while making health care affordable to every American.HealthPoint Plus delivers services nationwide providing “on demand” access to medical care in all 50 states with offices in Florida, New Hampshire and headquarters in Massachusetts.For more information on the company, its products and services, please visit their website at http://www.healthpointplus.com. Or contact Jennifer Gallagher at 978-515-CARE (2273).
New York, NY - (NewMediaWire) - February 25, 2019 - Alt 5 Sigma, the only cryptocurrency trading platform designed specifically for financial services providers and built with the highest security, accessibility, compliancy and transparency of the industry, is pleased to announce that it has been selected by WorldMarkets.io to provide trade execution and custodian services enabling fiat to digital assets (USD, CAD, EUR, GBP) and cold storage custodian for Bitcoin, Ethereum, Litecoin, Monero, Ripple, and Bitcoin SV. According to the custodian service agreement, Alt 5 Sigma will provide the liquidity and trade execution for Bitcoin, Ethereum, Litecoin, Monero, Ripple and Bitcoin SV as well as cold storage custodian services. In addition, Alt 5 Sigma will provide WorldMarkets.io clients the ability to deposit and withdraw fiat in USD, CAD, EUR, and GBP in order to buy, sell and hold digital assets.“We have reviewed many trading liquidity providers and custodian services, but nothing compares to the security of Alt 5 Sigma and GardaWorld,” said Sherley Van Kerkhove, Director of WorldMarkets.io, and Bettencourt Friedman Capital Limited, the owner and operator of the trading venue. “This industry was in need of such a solution not only enabling high volume trading, but the highest security to hold these assets.”“WorldMarkets.io are at the forefront of the cryptocurrency industry and offering a truly unique opportunity to their clients and we are pleased to be working with such a dynamic group,” said André Beauchesne, President and CEO of Alt 5 Sigma Inc. About WorldMarkets.ioWorldMarkets.io is a peer-to-peer blockchain marketplace for cryptocurrencies, tokens and tokenized securities. WorldMarkets provides a transparent, safe, and efficient trading platform to buy, sell and hold digital assets. WorldMarkets.io is operated by Bettencourt Friedman Capital Limited, a wholly owned subsidiary of Bettencourt Friedman Holdings Limited.For more information, visit www.worldmarkets.io WorldMarkets +44 800 471 4824info@worldmarkets.ioAbout Alt 5 SigmaAlt 5 Sigma is a Fintech specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 Sigma was created by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, compliancy and transparency.Alt 5 Sigma provides its clients the ability to buy, sell and hold digital assets such as Bitcoin, Ethereum, Litecoin, Bitcoin SV, Monero and Ripple, in a safe and secure environment deployed with the best practices of the financial industry. Alt 5 Sigma’s products and services are available to banks, broker dealers, funds, family offices, professional traders, retail traders, digital asset exchanges, digital asset brokers, blockchain developers, and financial information providers.Alt 5 Sigma digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services, physical and specialized security solutions and, with the Crisis24 portal, the dissemination of vetted information related to international security. A partner of choice for private companies, governments, humanitarian organizations, and multinationals with personnel all over the world, GardaWorld employs more than 72,000 highly skilled, dedicated professionals who serve a diverse clientele in North America, Africa, Asia and the Middle East. In the complex world we live in, our reputation is based on the quality of our services, as well as the commitment and integrity of our people.For more information, visit www.garda.com.For more information, visit www.alt5sigma.comContact: Alt 5 Sigma: Tel. 1-800-204-6203 media@alt5sigma.com
Spring Hope, NC - (NewMediaWire) - February 25, 2019 - Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers including the 85,000 square-foot multipurpose industrial hemp processing facility in Spring Hope, North Carolina, a state of the art processing center in Medford, Oregon, and a 500-acre hemp growing Eco-Village in Golden Valley, Arizona, announced today that the current legislative session, SB 1003, would make industrial hemp regulation effective on June 1, 2019, instead of August 2019, if signed by the Governor. This historic update arrives as Hemp, Inc. ramps up operations with its strategic growing partner Veteran Village Kins Community, in Golden Valley, Arizona.Lawmakers saw the potential of hemp as the next ‘cash crop’ and it has motivated them to push legislation allowing farmers to begin planting further up in the year. According to the Arizona Farm Bureau, the bill is moving along with little opposition. It also stated that it could potentially be on the Governor’s desk by the end of this month.As 25 other states are already growing, officials saw the importance of pushing the bill through. Hemp, Inc. is ready to contribute to this ‘cash crop’ boom with partner Veteran Village Kins Community- a solar and wind-powered facility on 500 acres and is designed to grow hemp and produce cannabidiol (CBD) products. The products benefit veterans, as well as generate revenue for Hemp, Inc. The company announced in July 2018 that the community was expanding its footprint.“We are thrilled that the majority of Arizona state legislature is in support for fast-tracking the hemp program. When a farmer can make $100,000 an acre growing CBD-rich hemp, it improves the economy of the entire state,” said Hemp, Inc. CEO Bruce Perlowin. “Our 500 acre operation not only gives incredible opportunity to the veterans who we partner with, it is also committed to preserving the environment by using wind and solar energy to process the hemp. We are currently completing two of the six geodesic domes on the property and are putting the finishing touches on security. As demand for CBD products continues to rise, we look forward to expanding our offering and partnering with more stores throughout the state.”Hemp, Inc. will partner with Digipath, Inc. (OTCQB: DIGP) for on-site third-party testing facilities at all three of its processing centers, including the location in Arizona. The addition of the testing facilities will help Hemp, Inc. get the product to market quickly and keep costs down. Hemp, Inc. also announced the grand opening of a joint venture with a nearby retail store, Hemp Healthcare, in Dolan Springs, Arizona, to sell high-end cannabidiol (CBD) and hemp-based products. Hemp Healthcare is located off Highway 93 in Arizona, in a highly trafficked tourist area that welcomes numerous tour buses daily with visitors from around the world that stop there on trips to the Grand Canyon.Hemp, Inc. plans to employ numerous "master hemp growers" working on their Veteran Village Kins Community in Arizona. To date, the company has growers from Oregon, Colorado, California, Kentucky, North Carolina, Nevada, and Arizona who have expressed an interest in pursuing a joint venture with Hemp, Inc. to each grow industrial hemp on five of the 300 fenced acres in Arizona, a project that Perlowin calls, "The Great United American Hemp Project."Hemp, Inc. CEO, Bruce Perlowin, was recently featured by ABC discussing Hemp, Inc.’s vital role in Arizona’s resurging hemp industry. To view the ABC coverage, “Arizona's next cash crop? Lawmaker pushes for rush on hemp bill,” click here.To see 1 minute videos of Hemp, Inc.’s current activities, go to Bruce Perlowin’s personal Facebook page where he posts daily on all of Hemp, Inc.’s activities around the country.ABOUT HEMP, INC.With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small farmer, the American veteran, and other groups experiencing the ever-increasing ...
Glasgow, UK - (NewMediaWire) - February 25, 2019 - Rafina Innovations Inc. ("the Company" (OTCQB: VICA)) is pleased to announce that it has developed a product prototype to assist patients with Deep Vein Thrombosis. Deep Vein Thrombosis (“DVT”) occurs when blood clots form inside veins deep inside the body. In most cases, the clots form inside deep veins of the thigh or lower leg.Constantinos Zertalis, Rafina’s Chairman, President and CEO, commented: "I am very excited to have this operational prototype ready for the next steps, including discussions with third parties for possible commercialization. Our R&D team, under the leadership of Dr. Hari Elangovan, has tested the current prototype on several subjects with positive feedback. We will take the next steps in our plans to validate the cuff as commercially viable.”Rafina’s cuff prototype has several advantages. Its inflation/deflation functionality is smooth and increases blood flow as required. Noise levels are extremely low while the cuff is operating, and the cuff has a long battery life due to an innovative pump design (circa 12 hours). The product is lightweight making it very portable and it can be charged using a simple USB cable. Mr. Zertalis added, “We believe this innovative prototype can give the Company a significant competitive advantage in the current marketplace as a result of its significantly improved battery life, lightweight design and silent operation.”The global compression therapy market was a $3 billion market in 2016 and it is projected by year 2021 to become a $3.7 billion market. [1]“Rafina’s prototype is a truly portable device that management expects can help to prevent post-operative DVT for moderate to high risk patients,” Zertalis concluded.[1] Source: https://www.businesswire.com/news/home/20170126005363/en/Compression-Therapy-Market---Top-Drivers-Fo...About Rafina Innovations Inc.Rafina Innovations Inc. operates two fully owned subsidiaries: 1. HCi Viocare Technologies: developing hardware solutions aiming to empower the user by providing on demand information and enhancing living quality. The R&D center located in Glasgow, Scotland, is working on a large portfolio of cutting edge, revolutionary and disruptive technologies in the fields of Digital Health, Prosthetics, Orthotics, Diabetes, Assistive Devices, Sports & Wellbeing, and DVT. The Company has developed a unique sensing technology with the brand name Flexisense™, which uses a multitude of micro sensors to detect pressure as well as shear that is unique over other sensing technologies. The sensors are wirelessly connected to smart devices providing real time and on demand information. HCi Viocare Technologies works on a licensing business model. 2. HCi Viocare Clinics: creating the first cross-border independent chain of Prosthetics & Orthotics (P&O) and Diabetic Foot clinics in Europe.Please visit:www.rafinainnovations.comwww.hci-viocare.co.ukForward Looking StatementsThis press release contains forward-looking statements. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects", "intends", "estimates", "projects", "anticipates", "believes", "could", and other similar words. All statements addressing product performance, events, or developments that the Company expects or anticipates will occur in the future are forward-looking statements, including but not limited to future developments in the areas of athletic shoes and the information and performance of the Company's technology in such applications. Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties, some of which are described in the Company's Quarterly, Annual and Current Reports filed with the United States Securities and Exchange Commission (the "SEC"). Should one or more of these risks or uncertainties materialize or should any of the Company's underlying assumptions prove correct, actual results may vary materially from those currently anticipated. In addition, undue reliance ...
Acquires Colombian Cannabis Operator Preparing for Expansion and First HarvestLas Vegas, NV - (NewMediaWire) - February 25, 2019 - One World Pharma Inc. (OTC Pink: OWPC), is pleased to announce that it has acquired One World Pharma SAS, a fully licensed cannabis cultivator and manufacturer based in Popayan, Colombia, in a merger transaction that closed on February 21, 2019. Under the terms of the merger agreement, the stockholders of OWP Ventures, Inc., which is the parent company of One World Pharma SAS, will be issued an aggregate of 39,475,398 shares of common stock of One World Pharma, Inc. After giving effect to the merger, One World Pharma, Inc. has 39,922,898 shares of common stock issued and outstanding.Colombia is considered by many to be an ideal growing location for cannabis, hemp and related products. The nation’s equatorial climate, pro-cannabis government regulations, and talented local population provide the core ingredients to produce high crop yields and quality product for export at a low cost, allowing for significant margin regardless of changing market conditions.One World Pharma SAS has been developing relationships and infrastructure in Colombia for two years, working hand in hand with the indigenous population and government officials. The company holds all four key government issued licenses for the cultivation of psychoactive high THC, cultivation of non-psychoactive low THC, manufacture of cannabis derivatives, and seed use.“One World Pharma has exceeded our expectations as a thriving, rapidly expanding licensed Colombian medical cannabis producer,” stated Craig Ellins, CEO, One World Pharma Inc. “The Company is ideally situated to capitalize on the Colombian opportunity with significant production capacity and registered strains. We will be utilizing the entire plant in a synergistic marriage of U.S. based cultivation and manufacturing technology and the hospitable cultivation environment that Colombia provides. We are committed to building One World Pharma into a key player in the international supply chain, as global branded consumer products, beverage and pharmaceutical companies call for a truly industrial level of supply.”“We look forward to sharing the results of our first harvest,” added Ellins.About One World PharmaOne World Pharma Inc. is the U.S. parent company of One World Pharma SAS, a licensed cannabis and hemp producer with offices and operations in Bogota and Popayan, Colombia. One World Pharma planted its first crop of cannabis in 2018 at its cultivation site in Popayan, Colombia, which it expects to begin harvesting in the first quarter of 2019. The Company intends to supply the highest quality cannabis and hemp derivatives in crude oil, distillate and isolate forms for industrial scale production to serve global cannabis demand. Its products will be produced and tested to GMP and ISO standards.Investors are advised that from time to time the Company may provide information about its operations through its website at www.oneworldpharma.com.Information about Forward-Looking StatementsThis press release contains "forward-looking statements" that include information relating to future events. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to: the Company's need for additional funding, the demand for the Company's products, governmental regulation of the cannabis industry, the Company's ability to maintain customer and strategic business relationships, the impact of ...
